BHP Group Limited (NYSE:BHP) Shares Bought by Barclays PLC

Barclays PLC lifted its holdings in BHP Group Limited (NYSE:BHP - Free Report) by 93.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 226,083 shares of the mining company's stock after buying an additional 109,337 shares during the quarter. Barclays PLC's holdings in BHP Group were worth $14,042,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Asset Dedication LLC lifted its position in shares of BHP Group by 7,516.7% during the second quarter. Asset Dedication LLC now owns 457 shares of the mining company's stock worth $26,000 after purchasing an additional 451 shares during the last quarter. Eastern Bank purchased a new position in BHP Group in the 3rd quarter worth about $26,000. Ashton Thomas Private Wealth LLC bought a new stake in BHP Group during the 2nd quarter valued at about $27,000. Sound Income Strategies LLC boosted its position in BHP Group by 124.6% in the 3rd quarter. Sound Income Strategies LLC now owns 530 shares of the mining company's stock valued at $33,000 after buying an additional 294 shares during the period. Finally, Addison Advisors LLC grew its stake in BHP Group by 1,187.0% in the 2nd quarter. Addison Advisors LLC now owns 592 shares of the mining company's stock worth $34,000 after acquiring an additional 546 shares in the last quarter. 3.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BHP. Sanford C. Bernstein upgraded BHP Group from a "market perform" rating to an "outperform" rating in a report on Monday, September 16th. Jefferies Financial Group cut BHP Group from a "buy" rating to a "hold" rating and lowered their target price for the stock from $72.00 to $68.00 in a report on Friday, October 4th. StockNews.com upgraded BHP Group from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, November 26th. Finally, Argus raised shares of BHP Group to a "strong-buy" rating in a research note on Thursday, September 19th. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $68.00.

BHP Group Stock Down 1.1 %

BHP Group stock traded down $0.56 during mid-day trading on Monday, reaching $51.11. 1,886,291 shares of the company were exchanged, compared to its average volume of 2,436,293. BHP Group Limited has a 12-month low of $50.90 and a 12-month high of $69.11. The business has a fifty day moving average of $54.60 and a 200 day moving average of $55.60. The firm has a market cap of $129.60 billion, a P/E ratio of 11.06 and a beta of 0.95. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 1.70.

BHP Group Profile

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal.